1-4-1990: Establishment of General Machinery and Spare parts Company. It was a State- inteprise, be longs to General Company of Machinery and Spare parts, under Ministry of Trade . 1-9- 2003: This interprise became a joint stock company, with an initial chartered capital of VND 12 billion. 8-9-2006: Organization of the 2nd term of Office Sharesholder congrees. Up to March 2007, Machinco's chartered capital increased up to VND 30 Billion, in which State shareholder own 12%, other sharesholder have occupied 88%. Total present shareholdersare 138. Rewards: 2004- The Vietnamese President awarded Machinco a Labour Medal of third grade. 2006 - The Vietnamese Government awarded Machinco a Flag for first place of trading competition 2007 Machinco was granted the first grade interprise. 10/2007- Machinco got The "Gold star award", top 100 best brands of Vietnam.